BLOG STARTUPS, VENTURE AND THE TECH BUSINESS

May 14 2009
by Thanasis Delistathis

Tip No 3: Send the deck, not the business plan or the one-pager

We get dozens of proposals for investment every month.  The time to screen those  is limited so entrepreneurs need to make that easy.
The first screen for VCs is: Is this a business that is a good fit for our fund and that I should pay attention to?  

Sending the business plan requires a larger investment of time on the VCs part.  The plan is important for diving in deeper, not as an initial informational vehicle. 
At the same time, the one-pager doesn’t usually contain enough information.  Send the deck!  A powerpoint presentation makes it efficient to screen and understand the business.  
Should be about 20 pages and tell the story well.

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